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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Commercial real estate
17078 Mtn Rd Montpelier, VA 23192-2565
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US87-1874078
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1927
Construction
BRICK
Total area
4,999 SF
Lot
4.23 ac (184,259 SF)
Zoning code
B-1
APN
7812-92-3513
UPID
US87-1874078
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$675k
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$700k
Owner & transaction history
Outlier Properties LLC · 8 yrs held
Outlier Properties LLC
since 2018
7 recorded transactions
Zoning & alternative use
B-1 · Montpelier, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Montpelier submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Montpelier submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$730,000
6.5%
$675,000
7%
$625,000
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$140 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,700
Tax year 2024
Assessed value
$827,100
Assessed 2024
Previous assessed
$729,500
+13.4% YoY
Effective rate
0.81%
On assessed value
Assessed land
$336,100
Assessed improvement
$491,000
Land market value
$336,100
Improvement market value
$491,000
Total market value
$827,100
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1927
Construction
BRICK
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Rooms
8
Bathrooms
3
Total area
4,999 SF
Lot
4.23 ac (184,259 SF)
Zoning code
B-1
APN
7812-92-3513
UPID
US87-1874078
Jurisdiction
HANOVER
Zoning & alternative use
B-1 · Montpelier, VAZoning B-1 · permitted uses
B-1 · Montpelier, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1927
Construction
BRICK
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
8
Bathrooms
3
Lot
4.23 ac
Current owner
From public records · entity-resolved
Outlier Properties LLC
Entity
Mailing address
17078 MTN RD, MONTPELIER, VA 23192-2565
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2018
$670,000
Outlier Properties LLC
Thurston Properties LLC
Warranty Deed
$670,000 · Thurston Properties LLC
Apr 9, 2013
$310,000
Thurston Properties LLC
Mullco LLC
Grant Deed
—
Sep 27, 2011
$300,000
Mullco LLC
Essex Bk
Grant Deed
—
Jun 30, 2010
$375,000
Essex Bk
Bliley Paul S JR
Trustees Deed
—
Sep 14, 2006
$544,000
A L Ridpath JR And Co INC
Robert Messie
Warranty Deed
$462,400 · Village Bank
—
—
A L Ridpath JR & Co INC
—
Deed Of Trust
related
$750,000 · Bank Of Goochland
—
—
A L Ridpath JR & Co LLC
—
Deed Of Trust
related
$250,000 · Village Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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